2410 Fire Mesa St
Las Vegas, NV 89128 Summerlin

• Unit Size: 7,492 SF
• Condo Use: Medical
• Price: $2,540,000 USD
• Sale Type: Investment
• Price/SF: $339.03 USD

Description

Discover an outstanding investment opportunity in the heart of the Northwest Las Vegas Medical Office corridor at Medical Office Condo at 2410 Fire Mesa. This high-quality medical office condo boasts a long-term lease with Woodson Dermatology, a reputable practice with over $4M in annual revenues. With 7 years left on an under-market lease, investors can enjoy a 6% annual return with escalations, offering a solid income stream. The acquisition, positioned at a 6% cap rate, presents significant upside potential when the lease aligns with market value or when the property is sold with existing medical office improvements. Sized at 7,492 SF, this turnkey property offers a seamless investment opportunity with existing assumable debt and attractive financials. Don't miss the chance to secure this lucrative asset in a prime location.

Investment Highlights





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Sale Notes

Discover an outstanding investment opportunity in the heart of the Northwest Las Vegas Medical Office corridor at Medical Office Condo at 2410 Fire Mesa. This high-quality medical office condo boasts a long-term lease with Woodson Dermatology, a reputable practice with over $4M in annual revenues. With 7 years left on an under-market lease, investors can enjoy a 6% annual return with escalations, offering a solid income stream. The acquisition, positioned at a 6% cap rate, presents significant upside potential when the lease aligns with market value or when the property is sold with existing medical office improvements. Sized at 7,492 SF, this turnkey property offers a seamless investment opportunity with existing assumable debt and attractive financials. Don't miss the chance to secure this lucrative asset in a prime location.

Investment Highlights





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